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According to the World Development Report (2019) a country is considered rich when the per capita income is more
than which of the following figures?
(a)US$49300 per annum (b)US$2500 per annum
(c)US$39300per annum (d)US$59300per annum?
than which of the following figures?
(a)US$49300 per annum (b)US$2500 per annum
(c)US$39300per annum (d)US$59300per annum?
Most Upvoted Answer
According to the World Development Report (2019) a country is consider...
Per Capita Income for a Rich Country:
Per capita income is a measure of the average income earned per person in a given area (such as a country). According to the World Development Report (2019), a country is considered rich when the per capita income exceeds a certain threshold.
Determining the Threshold:
- The options provided are:
- (a) US$49300 per annum
- (b) US$2500 per annum
- (c) US$39300 per annum
- (d) US$59300 per annum
- Among these figures, the threshold for a country to be considered rich is typically higher than the global average.
- This is because a higher per capita income indicates a higher standard of living for the population.
- Therefore, the threshold for a rich country is likely to be above the global average income level.
Conclusion:
- Based on the options provided, the figure that exceeds the typical threshold for a country to be considered rich is:
- (a) US$49300 per annum
Therefore, a country is considered rich when the per capita income is more than US$49300 per annum, as per the World Development Report (2019).
Per capita income is a measure of the average income earned per person in a given area (such as a country). According to the World Development Report (2019), a country is considered rich when the per capita income exceeds a certain threshold.
Determining the Threshold:
- The options provided are:
- (a) US$49300 per annum
- (b) US$2500 per annum
- (c) US$39300 per annum
- (d) US$59300 per annum
- Among these figures, the threshold for a country to be considered rich is typically higher than the global average.
- This is because a higher per capita income indicates a higher standard of living for the population.
- Therefore, the threshold for a rich country is likely to be above the global average income level.
Conclusion:
- Based on the options provided, the figure that exceeds the typical threshold for a country to be considered rich is:
- (a) US$49300 per annum
Therefore, a country is considered rich when the per capita income is more than US$49300 per annum, as per the World Development Report (2019).
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According to the World Development Report (2019) a country is considered rich when the per capita income is more than which of the following figures? (a)US$49300 per annum (b)US$2500 per annum (c)US$39300per annum (d)US$59300per annum?
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According to the World Development Report (2019) a country is considered rich when the per capita income is more than which of the following figures? (a)US$49300 per annum (b)US$2500 per annum (c)US$39300per annum (d)US$59300per annum? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about According to the World Development Report (2019) a country is considered rich when the per capita income is more than which of the following figures? (a)US$49300 per annum (b)US$2500 per annum (c)US$39300per annum (d)US$59300per annum? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to the World Development Report (2019) a country is considered rich when the per capita income is more than which of the following figures? (a)US$49300 per annum (b)US$2500 per annum (c)US$39300per annum (d)US$59300per annum?.
According to the World Development Report (2019) a country is considered rich when the per capita income is more than which of the following figures? (a)US$49300 per annum (b)US$2500 per annum (c)US$39300per annum (d)US$59300per annum? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about According to the World Development Report (2019) a country is considered rich when the per capita income is more than which of the following figures? (a)US$49300 per annum (b)US$2500 per annum (c)US$39300per annum (d)US$59300per annum? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to the World Development Report (2019) a country is considered rich when the per capita income is more than which of the following figures? (a)US$49300 per annum (b)US$2500 per annum (c)US$39300per annum (d)US$59300per annum?.
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